Question: Question content area top Part 1 The _ _ _ _ _ _ _ _ is a derivative forward contract that was created in the

Question content area top
Part 1
The________ is a derivative forward contract that was created in the 1990s. It has the same characteristics and documentation requirements as traditional forward contracts except that they are only settled in U.S. dollars and the foreign currency involved in the transaction is not delivered.
Question content area bottom
Part 1
A.
internet forward
B.
virtual forward
C.
nondeliverable forward
D.
dollar only forward

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